Out of the Box chart !!!
US Inflation has reached falling trendline where it has faced resistance
for three times.
Also, RSI has reached the upper range from where reversal is witnessed.
But, if it gives breakout above this trendline then the doors of huge upside will
be opened, as it's a symmetrical triangle pattern whose targets are huge.
Rising inflation is never favorable for stock market so it's a sign of caution.
for three times.
Also, RSI has reached the upper range from where reversal is witnessed.
But, if it gives breakout above this trendline then the doors of huge upside will
be opened, as it's a symmetrical triangle pattern whose targets are huge.
Rising inflation is never favorable for stock market so it's a sign of caution.
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